NEL ASA operates as a hydrogen company, which engages in the provision of solutions to produce, store and distribute hydrogen from renewable energy. The company is headquartered in Oslo, Oslo and currently employs 361 full-time employees. The company went IPO on 2004-08-27. The firm specializes in electrolyser technology for production of renewable hydrogen, and hydrogen fueling equipment for road-going vehicles. The firm's business activities are divided into two operation segments: Nel Hydrogen Fueling and Nel Hydrogen Electrolyser. The Nel Hydrogen Fueling segment is a manufacturer of hydrogen fueling stations for Fuel Cell Electric Vehicles. Nel’s H2Station manufacturing plant is located in Herning, Denmark. The Nel Hydrogen Electrolyser segment is a global supplier of hydrogen production equipment based on both alkaline and proton exchange membrane (PEM) water electrolysis technology. Nel Hydrogen Electrolyser has production facilities in Heroya, Norway, and in Wallingford, USA.
Follow-Up Questions
What is the price performance of NLLSY stock?
The current price of NLLSY is $7.5, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Nel ASA?
Nel ASA belongs to Electrical Equipment industry and the sector is Industrials
What is Nel ASA market cap?
Nel ASA's current market cap is $13.7B
Is Nel ASA a buy, sell, or hold?
According to wall street analysts, 23 analysts have made analyst ratings for Nel ASA, including 0 strong buy, 0 buy, 11 hold, 5 sell, and 0 strong sell